Chinese Drinks Maker Eastroc Prices $1.3 Billion Hong Kong Share Sale at Top
Chinese energy-drink maker Eastroc Beverage Group Co. has raised HK$10.1 billion ($1.3 billion) after pricing its Hong Kong share sale at the highest price possible, a sign of rosy demand...
By Dave Sebastian · Bloomberg Markets
Chinese energy-drink maker Eastroc Beverage Group Co. has raised HK$10.1 billion ($1.3 billion) after pricing its Hong Kong share sale at the highest price possible, a sign of rosy demand for new stocks during one of Hong Kong’s busiest seasons for listings.